Comments on: Job Order Costing System Exercises and Problems https://www.accountingdetails.com/job_order_costing_exercises.htm Learn Financial and Managerial Accounting for Free Mon, 20 May 2019 08:28:09 +0000 hourly 1 By: getachew https://www.accountingdetails.com/job_order_costing_exercises.htm#comment-508803 Mon, 20 May 2019 08:28:09 +0000 https://www.accountingdetails.com/?p=777#comment-508803 how we can prepare manufacturing statement to the above question?

]]>
By: Sibylle Preuschat https://www.accountingdetails.com/job_order_costing_exercises.htm#comment-13057 Thu, 07 Aug 2014 23:52:00 +0000 https://www.accountingdetails.com/?p=777#comment-13057 Hello, thanks so much for providing these exercises. I enjoyed completing them.
For your information, Exercise 5 contains a couple of errors.
Journal Entry #3 cites administrative salaries at $20,000.00, but in the Solutions section, administrative salaries are posted in the journal at $200,000.00.

The T account for Work in Process in the Solutions carries an opening balance of $20,000.00, but the balance given in the actual question is $15,000. You give the final balance for the Work in Process T account as $30,000.00. That sum could only be arrived at with a $15,000.00 balance.

These are small issues in an otherwise great series of exercises, and I hope you find my comment helpful.

]]>